Unmanned Aerial Vehicles (UAVs) – Drones

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The Unmanned Aerial Vehicles (UAVs) Drones, commonly known as drones, market encompasses a rapidly expanding sector providing versatile aerial platforms for defense, government, and a myriad of commercial applications. Initially developed for military Intelligence, Surveillance, and Reconnaissance (ISR), UAVs are now transformative tools across civil and commercial sectors.

Global UAV Drones market is projected for substantial growth, driven by increasing adoption in both military and commercial end-users. Analysts forecast the market revenue to grow from approximately USD 41-48 billion in 2026 to around USD 125-136 billion by 2033. This expansion corresponds to an estimated Compound Annual Growth Rate (CAGR) ranging from 16.1% to 17.3% over the forecast period.

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